World Insurance Associates Acquires Laredo-Based Cubriel Agency

Noe Cubriel, president of the acquired agency, noted that the move aims to broaden the company's service offerings for existing clients. Rich Eknoian, executive chairman and founder of World, stated that the acquisition serves to strengthen the firm’s strategic presence within the Texas market. While the financial terms of the transaction remain undisclosed, the integration highlights World’s ongoing push to scale its operations across the U.S. and U.K. through targeted regional acquisitions.

Legal counsel for the transaction was provided by Giordano, Halleran & Ciesla for World, while Eduardo Romero, PLLC represented Cubriel. The acquisition continues a period of consolidation for World, which focuses on providing data-driven risk management, wealth management, and employee benefit solutions to a diverse client base.